Royal Bank of Canada (RY) - Stock & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA7800871021

Banking, Wealth Management, Insurance, Capital Markets

Royal Bank of Canada is a leading financial institution that offers a wide range of financial services to individuals, businesses, and institutions worldwide. The bank's Personal & Commercial Banking segment provides a variety of financial products and services, including checking and savings accounts, home equity financing, personal lending, and credit cards, as well as lending, leasing, deposit, investment, and cash management services to small and medium-sized commercial businesses.

Through its extensive network of branches, automated teller machines, and mobile sales network, the bank provides convenient access to its financial products and services. Additionally, the bank's Wealth Management segment offers a suite of wealth, investment, trust, and banking solutions to high net worth and ultra-high net worth individuals, as well as institutional clients. This includes asset management products, asset and investor services, and other advice-based solutions and strategies.

The bank's Insurance segment provides a range of insurance products and services, including life, health, home, auto, travel, and wealth insurance, as well as business insurance services to individual, business, and group clients. These services are offered through a variety of channels, including advice centers, RBC insurance stores, mobile advisors, digital platforms, and independent brokers and partners.

Royal Bank of Canada's Capital Markets segment provides a range of services to corporations, institutional clients, asset managers, private equity firms, and governments. These services include advisory and origination, sales and trading, lending and financing, and transaction banking services. With a rich history dating back to 1864, the bank is headquartered in Toronto, Canada, and is one of the largest and most respected financial institutions in the world.

Today, Royal Bank of Canada is a global financial leader, with a strong presence in Canada, the United States, and internationally. The bank's commitment to innovation, customer service, and community development has earned it numerous awards and recognition. With a strong online presence, including its website and mobile banking app, the bank provides convenient and secure access to its financial products and services.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Royal Bank of Canada (RY) - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Royal Bank of Canada (RY) - Stock & Dividends

RY Stock Overview

Market Cap in USD 147,683m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception

RY Stock Ratings

Growth 5y 58.0
Fundamental 0.24
Dividend 7.03
Rel. Performance vs Sector -0.74
Analysts -
Fair Price Momentum 139.13 CAD
Fair Price DCF 452.25 CAD

RY Dividends

Yield 12m 2.84%
Yield on Cost 5y 4.49%
Dividends CAGR 5y 3.63%
Payout Consistency 98.3%

RY Growth Ratios

Growth 12m 19.87%
Growth Correlation 12m 60%
Growth Correlation 3m 52%
CAGR 5y 9.59%
CAGR/Mean DD 5y 1.31
Sharpe Ratio 12m 1.03
Alpha vs SP500 12m 0.77
Beta vs SP500 5y weekly 0.62
ValueRay RSI 22.47
Volatility GJR Garch 1y 14.27%
Price / SMA 50 0.96%
Price / SMA 200 10.37%
Current Volume 9717.5k
Average Volume 20d 3281.1k

External Links for RY Stock

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What is the price of RY stocks?
As of June 22, 2024, the stock is trading at CAD 142.03 with a total of 9,717,537 shares traded.
Over the past week, the price has changed by -0.59%, over one month by -1.73%, over three months by +4.80% and over the past year by +17.69%.
What are the forecast for RY stock price target?
According to ValueRays Forecast Model, RY Royal Bank of Canada will be worth about 152.2 in June 2025. The stock is currently trading at 142.03. This means that the stock has a potential upside of +7.13%.
Issuer Forecast Upside
Wallstreet Target Price 154 8.43
Analysts Target Price - -
ValueRay Target Price 152.2 7.13

Royal Bank of Canada: A Comprehensive Overview

Published on: [Date]

History

The Royal Bank of Canada (RBC) has its roots deeply embedded in the financial history of Canada. Established in 1864 in Halifax, Nova Scotia, it started as the Merchants Bank of Halifax. A journey of growth and expansion marked by strategic acquisitions and financial innovation has propelled RBC into becoming Canada's largest bank and one of the largest banks globally by market capitalization.

Core Business

RBC's core business revolves around banking and financial services. This includes personal and commercial banking, wealth management services, insurance, investor services, and capital markets operations. These services cater to millions of clients in Canada, the U.S., and several other countries worldwide. A commitment to providing advice and solutions that help clients thrive and communities prosper has been the cornerstone of RBC's approach.

Side Businesses

Beyond its primary financial services, RBC has ventured into various side businesses to diversify its offerings. These include technology ventures, real estate management, and a strong presence in the innovation and fintech sectors. RBC's focus on digital transformation has led to the development of cutting-edge banking technologies and partnerships with tech start-ups, enhancing their service delivery and operational efficiency.

Current Market Status

As of 2023, Royal Bank of Canada continues to hold a dominant position in the financial services industry. With a sturdy foundation in both traditional banking and innovative financial solutions, RBC has navigated the challenges of the digital age successfully. The bank's emphasis on sustainable and responsible banking, coupled with robust financial performance, positions it favorably in the eyes of investors and clients alike. RBC's dedication to excellence and innovation ensures its continued relevance in the rapidly evolving global financial landscape.